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  1. WORKTERRA
  2. WT-11470

Superheat - Billing Summary Report - Premium is not calculating correctly

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    Details

    • Type: Bug
    • Status: Closed
    • Priority: Medium
    • Resolution: Done
    • Affects Version/s: None
    • Fix Version/s: None
    • Component/s: BenAdmin
    • Labels:
    • Environment:
      Production
    • Bug Type:
      Functional
    • Bug Severity:
      Critical
    • Module:
      BenAdmin - Report
    • Reported by:
      Client
    • Company:
      All Clients/Multiple Clients
    • Item State:
      Production Complete - Closed
    • Sprint:
      WT Sprint 41
    • Dev Estimates:
      35
    • QA Estimates:
      4
    • Code Reviewed By:
      Prasanna Karlekar
    • Development Approval:
      Yes
    • Deployment Approval:
      Approved for production deployment

      Description

      Please review the Billing Summary Report in Production - Client Name - Superheat FGH. This needs to be corrected as soon as possible, this is affecting the client and they as many other clients use this report to submit their volume and counts to their Life carriers to pay their premiums.

      The following plan premiums are not calculating correctly:
      Plan 1:
      Basic Life - Basic Life - Lincoln Financial Group
      Rate Name: 2016 - 2018 Basic Life-Basic Life
      Report shows $3,134.56, but when you manually calculate it the premium comes out to be $3,134.05 (volume*rate/coverage divisor) (16072050.00*0.1950/1000). There is a difference of $0.51.

      Plan 2:
      Plan: Basic AD&D-Basic AD&D-Lincoln Financial Group
      Rate Name: 2016 - 2018 Basic AD&D-Basic AD&D
      Report shows $401.33, but when you manually calculate it the premium comes out to be $400.83 (volume*rate/coverage divisor) (16033050.00*0.0250/1000). There is a difference of $0.50.

      Plan 3:
      Plan: Voluntary Child Life-Voluntary Child Life-Lincoln Financial Group
      Rate Name: 2016 - 2018 Vol Child life-Child Life
      Report shows $75.62, but when you manually calculate it the premium comes out to be $75.73 (volume*rate/coverage divisor) (380000.00*0.1993/1000). There is a difference of $0.11.

      This is also similar to WT 9738.

      Deborah Mascot
      lisa davison

        Attachments

        1. WT-11470 - Superheat - Billing Summary Report_Test Scenarios.xls
          10 kB
        2. WT-11470.jpg
          WT-11470.jpg
          256 kB
        3. WT-11470_Discrepancy.xlsx
          21 kB
        4. VolChildLife_ratCal_OK.jpg
          VolChildLife_ratCal_OK.jpg
          156 kB
        5. Superheat - Billing Summary Report - Calc is not correct - Child Life.PNG
          Superheat - Billing Summary Report - Calc is not correct - Child Life.PNG
          57 kB
        6. Superheat - Billing Summary Report - Calc is not correct - Basic Life_Basic ADD.PNG
          Superheat - Billing Summary Report - Calc is not correct - Basic Life_Basic ADD.PNG
          113 kB
        7. FW 1211 Sprint - Development Approval.msg
          51 kB
        8. BillingSummaryReport.xls
          12 kB
        9. BasicLife_ratCal_OK.jpg
          BasicLife_ratCal_OK.jpg
          166 kB
        10. BasicAD&D_ratCal_OK.jpg
          BasicAD&D_ratCal_OK.jpg
          159 kB
        11. 4.png
          4.png
          97 kB
        12. 3.png
          3.png
          57 kB
        13. 2.png
          2.png
          72 kB
        14. 1.png
          1.png
          74 kB

          Issue Links

            Activity

              People

              Assignee:
              Yamilka.Coca Yamilka Coca (Inactive)
              Reporter:
              Yamilka.Coca Yamilka Coca (Inactive)
              Account Executive:
              Yamilka Coca (Inactive)
              Developer:
              Parmeshwar Jumbad (Inactive)
              QA:
              Sanjana Jadhav (Inactive)
              Votes:
              0 Vote for this issue
              Watchers:
              8 Start watching this issue

                Dates

                Created:
                Updated:
                Resolved:
                Dev Due Date:
                Pre-Prod Due Date:
                Production Due Date:
                Code Review Date:

                  Time Tracking

                  Estimated:
                  Original Estimate - 35h Original Estimate - 35h
                  35h
                  Remaining:
                  Remaining Estimate - 0h
                  0h
                  Logged:
                  Time Spent - 51.5h
                  51.5h